XIII Regional EACD Lisbon Debate over the topic "Doing Good, Doing Great: creating long term value through Corporate Citizenship and CSR", 28th october 2014, presentation by Sérgio Figueiredo, Fundação EDP
3. <<Nome Departamento>>
Why should a company invest in culture and social innovation?
2
A company already plays an important social role when
•It invests and creates value
•Generates jobs and profits
•Guarantees quality products and services
•…and paying taxes?
4. <<Nome Departamento>>
Why should a company invest in culture and social innovation?
3
A company already plays an important social role when
•It invests and creates value
•Generates jobs and profits
•Guarantees quality products and services
•…and paying taxes?
for EDP the challenge is enormous and is already ongoing
•liberalised market and crisis pressure
•environment impact and climate change
•new energy solutions (that impact consumer patterns)
5. <<Nome Departamento>>
Why should a company invest in culture and social projects?
4
our leading and innovative response
•Efficient consumption
•microgeneration
•Electric mobility
•Smart grids
•Renewable energyIt’s in our
hands
6. <<Nome Departamento>>
Why should a company invest in culture and social projects?
5
our leading and innovative response
•Efficient consumption
•microgeneration
•Electric mobility
•Smart grids
•Renewable energy
EDP future/the relationship of loyalty we are able to build
with stakeholders
•Sharing power and promoting co-creation
• inspiring trust and sense of beloing
•Increasingly have to be a company open to society
It’s in our
hands
7. <<Nome Departamento>>
Why should a company invest in culture and social projects?
6
our leading and innovative response
•Efficient consumption
•microgeneration
•Electric mobility
•Smart grids
•Renewable energy
EDP future/the relationship of loyalty we are able to build
with stakeholders
•Sharing power and promoting co-creation
• inspiring trust and sense of beloing
•Increasingly have to be a company open to society
It’s in our
hands
• that the company finds suppliers, resources and consumers. Partners and critics as well.
• that business finds its reason for being, developing in the field and projecting its future sustainability
IT IS IN THE COMMUNITY…
8. <<Nome Departamento>>
much more than social responsability
What is not
• money and logo
• working only for rankings
• acting according to external pressures
• giving precedence to those with more access,
more power or simply who shout the loudest
Vision
9. <<Nome Departamento>>
much more than social responsability
What is not
• money and logo
• working only for rankings
• acting according to external pressures
• giving precedence to those with more access,
more power or simply who shout the loudest
Vision
What it should be
• Including another type of innovation in its
corporate model
• Inspiring and leading a collective attitude
• Demand much more than is expected from
“traditional management”
10. <<Nome Departamento>>
much more than social responsability
What is not
• money and logo
• working only for rankings
• acting according to external pressures
• giving precedence to those with more access,
more power or simply who shout the loudest
Vision
What it should be
• Including another type of innovation in its
corporate model
• Inspiring and leading a collective attitude
• Demand much more than is expected from
“traditional management”
• Creating value for the shareholder
• Transparency in decision making
• Being connected to the business
•… and
12. <<Nome Departamento>>
HOW?
What NEW SOLUTIONS should the EDP Foundation build so that,
between the State and the Market,
CIVIL SOCIETY may reinforce its ability to assert itself,
reveal its greatest talents, benefit from formulas tested by us and
capable of breaking the cycles of poverty.
14. <<Nome Departamento>>
EDP response
5Statutary MISSIONS
Strategic VALUES
Paths to SUCCESS
Social Energy Arts Education Heritage
1. New Solutions that generate change
2. Excellence in the arts
3. Opens business group to Society and the World
4. Combining energy with science and education
5. Promoting contemporary and sustainable cities
15. <<Nome Departamento>>
EDP response
5Statutary MISSIONS
Strategic VALUES
Paths to SUCCESS
Social Energy Arts Education Heritage
1. Staying Close to the Communities
2. Global Ambition
3. Partnering networks
4. New talents
5. Measuring results
16. <<Nome Departamento>>
“Para ti se não faltares” (sports);
Orquestra Geração (music)
Escola de Judo (sports)
Turma do bem (oral health)
Aprender a Empreender (entrep.)
Escolinha de rugby (sports)
Transformers; Do Something
Da rua para o palco” (dance)
SOCIAL HUB
15
INCLUSION
Community territory
Social Inovation Map
One of the EDP Foundation’s
most ambitious projects in
its involvment with the Third
Sector: CREATING SOCIAL
INNOVATION HUBS, CENTRES
THAT CONNECT IN AN
INTELLIGENT AND CRITICAL
MANNER THE RESPONSES AND
RESOURCES THAT BEST ADAPT TO
SATISFYING A POPULATION’S
SOCIAL NEEDS.
2 SOCIALLY UNDERPRIVILEGED COUNCILS
9 NETWORKING PROJECTS ONGOING
7.000 DIRECT BENEFICIARIES
17. <<Nome Departamento>>
SOCIAL LAB
16
SOCIAL BUSSINESS
•Entrepeneurship Self employment
Incubator: “Marias”; ”Cozinha com Alma”;
“Faz-te Forward”; “MOVE”; “Go Fresh”;
“coworking”
Education: INSEAD/IES; Catedra Yunus;
Post-grad UCP; ESG/EDP University;
Impacts: national map Social Innovation
(QREN); LBG; SROI; Action Tank/BCSD
Social Inovation Map
Breaking the cycles of poverty promoting
entreperneurship and social inclusion: GENERATING A
SOCIAL PROFIT AND AN ECONOMIC ACTIVITIE, SUPPORTING
CREATIVE AND INNOVATIVE APPROACHES TO SOCIAL NEEDS.
18. <<Nome Departamento>>
SOCIAL EFFICIENCY
17
RATIONALIZE RESOURCES
•Energy Food
•Employment Housing
Challenge waste
Parque solar solidário
Communitary gardens
Co-working: Ass.Acreditar; João sem
medo; all-desk
Others“Comer bem é + barato”; “Dar e
acordar”.
Social Inovation Map
MAKE A stronger “third
sector” with “NO MONEY”:
CHALLENGE A SOCIETY BASED IN
WASTE; several projects that will
provide basic resources for NGOs
(energy and food) and innovative
formulas to inspire new responses
at central social problem in
Portugal (unemployment)
19. <<Nome Departamento>>
“Para ti se não faltares” (sports);
Orquestra Geração (music)
Escola de Judo (sports)
Turma do bem (oral health)
Aprender a Empreender (entrep.)
Escolinha de rugby (sports)
Transformers; Do Something
Da rua para o palco” (dance)
SOCIAL HUB SOCIAL LAB SOCIAL EFFICIENCY
18
SOCIAL VENTURE CAPITAL (Bolsa Valores Sociais/ EDP Solidária/…)
SOCIAL BUSSINESS
•Entrepeneurship Self employment
INCLUSION
Community territory
RATIONALIZE RESOURCES
•Energy Food
•Employment Housing
Incubator: “Marias”; ”Cozinha com Alma”;
“Faz-te Forward”; “MOVE”; “Go Fresh”;
“coworking”
Education: INSEAD/IES; Catedra Yunus;
Post-grad UCP; ESG/EDP University;
Impacts: national map Social Innovation
(QREN); LBG; SROI; Action Tank/BCSD
Challenge waste
Parque solar solidário
Communitary gardens
Co-working: Ass.Acreditar; João sem
medo; all-desk
Others“Comer bem é + barato”; “Dar e
acordar”.
VOLUNTEERING (Bolsa de Horas/ Comunidade EDP/…)
Social Inovation Map
20. <<Nome Departamento>> 19
make a “third sector” stronger
from Charity to Creativity
•from Patron to Partner
•from financier to facilitator
•Project sustainability
•High standards and management
• Measures inputs
• Measures immediate
outputs
• Measures results
after projects are
completed
• Assesses social costs
avoided by the
intervention
SROI
Method
Measuring impacts
The first Social Stock
Exchange in Europe
• 764 investors
• 468 thousand social
grants traded
• 26 projects listed
• €2.55M in investments
21. <<Nome Departamento>>
#1 World
70 75 80 85 90 95 100
Codes of Condut (Dimensão
Económica)
Scorecards/Measurement
Systems (IS) (Dim.Económica)
Electricity Generation IS (Dim.
Ambiental)
Corporate
Citizenship/Philantropy
(Dim.Social)
99
98
84
90
…and also leads
80 90 100
Risk Management
(Dim.Económica)
Climate Strategy IS
(Dim.Ambiental)
Biodiversity IS (Dim.
Ambiental)
Human Capital
Development…
Stakeholder
Engagement IS…
Social Reporting
(Dim. Social)
"Best in Class" and 100%
24. <<Nome Departamento>>
1,5 billion people without access to electricity
3 billion people
use firewood for cooking and heating
Market potential estimated
at USD 500 Bn/yr
w/ 4 billion people at the bottom-of-the-pyramid
25. <<Nome Departamento>> 24
Access to Power for
Development
REPUTATION
• Member of the European Commission for the
Sustainable Energy Europe Campaign (effective)
•Global Energy NGDO Partner
•Official UN-Energy Member (application phase)
Corporate Social Responsibility and Business
Sustainability is not necessarily a cost
27. <<Nome Departamento>>
Now
Kakuma: from a “nowhere land” to a
place to live
savings of 50 thousand liters/year of diesel
avoids 700 thousand tons of CO2 emissions.
10 programs… the impacts
benefits 77 thousand refugees, 11 institutional buildings,
15 schools, 2 hospitals
28. <<Nome Departamento>> 27
10 programs, some of the impacts
solar cooking: 40
women open
restaurants
(entrepreneurship)
31. <<Nome Departamento>> 30
10 programs, some of the
impacts
300 families
produce and
sell food(the only
agriculture in the fields)
agro-forestry at
home
36. <<Nome Departamento>>
Vision
First to benefit should
be those where the
dams are to be built
• Increasing ‘green energy’
• Securing supply needs
• Creating jobs
• Reducing external trade deficit
EDP complies to
national challange
Improoving
populations’
living standards
OUR VISION
dams
37. <<Nome Departamento>> 36
Social Contract with the communities surrounding the
Dams
Involved with the local communities. More than 120 representatives from Civil
Society (priests, doctors, teachers, entrepreneurs, advocates, mayors) established
an informal and continuous participative relationship before the construction
phase: listening, informing, involving.
Promoting local Trade
Promoting Entrepreneurship and self-employment
Promoting Social Inclusion
• A Sense of belonging
• Communicating through Sensors rather than
megaphones
• Managing risk better that managing conflict
38. <<Nome Departamento>>
37
Promoting Trade • Guaranteeing production during
construction of EDP projects / + 8 years
• Enabling new models of agricultural
production and management
• Developing new distribution channels that
sustain post-EDP trade
AGRICULTURE
(Sabor & Tua)
HANDICRAFTS
(Sabor)
• Involved with local
Producers
• Involved with the Contractor
• Handcrafted Design Products
• Distribution Channels
• Bring high consumption markets closer
• Qualify populations with low levels of
training
39. <<Nome Departamento>> 38
In the regions afected by the construction of dams, the
social, entrepeneur and cultural projects runned by
Fundação EDP involved 20 thousand families.
“Sabor Entrepreneur:
•132 candidates
•47 new companies
•55 employees (40% from
RSI and unemp. subsid.)
Rural Sustainability :
3 thousand Christmas
gift baskets sold;
supplied 20% of the
work sites’
consumption;
Learning to Take Charge: 175 students on 8 “dam”
councils, 15 mini-companies, 10 schools.
Promoting Entrepreneurship and self-employment
40. <<Nome Departamento>>
39
• Including youths by teaching Music and Sports
• Standards and transparency in project support; 24.500
beneficiaries
• Social tariff and 98 thousand light bulbs for
underprivileged families
SOCIAL INCLUSION
CULTURAL STIMULATION
• the Geração Orchestra
• if you don’t skip school
• EDP Dam Social Work
• PPEC
• Senior Theatre
• Philharmonic Orchestras
• The Northern Orchestra
• VOICE projects
• Energy Bus
• Creativity & artistic expression for senior citizens
• The importance of musical training in the cultural
development and integration of youths
EDUCATION
• Promoting education on power & the environment
• Stimulating a knowledge and appreciation of poetry among
Youths
Promoting social inclusion
42. <<Nome Do Documento>
2013
€14,5 million budget 100% executed
Social Innovation helds 50 % of the investment
in patronage
387 thousand people attended the 33
exhibitions produced by Fundação EDP
199 thousand visitors for the Museu da
Eletricidade
More than 2.800 volunteers dedicated 17.842
hours of work, in which 7.247 hours of voluntary
work where done by employees family and
suppliers employees. In Portugal the estimated
value is 486 thousand euros .
1 million and 300 thousand people benefited
Social Contract with the Dams’ communities
The activity depends nearly exclusively (92%)
from the annual budget transfers from EDP.
Each beneficiary “costed” (on average) 7,9€
43. <<Nome Do Documento>
2014
Seven new strategic axes consolidate
social innovation projects
The first two projects to universalise
energy at the “bottom of the pyramid”
double the size of the EDP Foundation
The financing model presents a
profound structural change, with the
Foundation creating approximately 40%
of its own revenue
“re” Foundation with global ambition
The activities to be developed in Portugal, including the
patronage policy, represent less than half of the budget, which
constitutes a profound structural change in the institution’s history.
Dam projects and A2E finance themselves and release
€443 thousand for allocated structural costs.
46. <<Nome Departamento>>
Bolsa de voluntariado é investimento:
capital humano para a capacitação
do Sector Social
Capacidade de
organizar, gerir,
mobilizar para
resultados;
Transformar o
contexto, mais do que
ajudar;
Corporate culture
Inovação Social
entre o Estado e o
Mercado, novas
soluções para velhos
problemas
Empresa, centro de
decisão nacional:
resposta da
Sociedade Civil
Abrir Empresa à Sociedade
(reputação, confiança,
sentimento de pertença)
47. <<Nome Departamento>>
Company & Society, the Next Generation
After the seminar I was truly inspired by edp. It made me
realize that business can be so much more than what is
typically expected from traditional management.
You are
taking
business to
the next
level, and I
would love to
participate
on such an
innovative
project.”
“My name is Emily Brazill and I am a Canadian CEMS student who recently participated in the edp think tank.